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what i do, the same way that tip o'neil and ronald reagan worked together some years ago. when ronald reagan ran for office, he laid out the principles that he was going to follow. he said he was going to lower taxes and broaden the base. you've said the same thing, those are my principles, i want to bring down the tax burden middle income families. i want to work together with congress. one way for instance would be to have a single number, make up a number. $25,000, $50,000. anybody can have deductions up to that amount. and then the number disappears for high-income people. one could follow bowles-simpson as a model. there are alternatives to accomplish the objective i have, which is to bring down rates, broaden the base, simplify the code and create incentives for growth. and with regards to health care you had remarkable detail with regards to my preexisting conditions plan. you've obviously studied up on my plan. in fact i do have a plan that deals with people with preexisting conditions. that's part of my plan. and what we did in massachusetts is a model for the nat
what i do, the same way that tip o'neil and ronald reagan worked together some years ago. when ronald reagan ran for office, he laid out the principles that he was going to follow. he said he was going to lower taxes and broaden the base. you've said the same thing, those are my principles, i want to bring down the tax burden middle income families. i want to work together with congress. one way for instance would be to have a single number, make up a number. $25,000, $50,000. anybody can have...
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ronald reagan has been working for the american medical association in the early '60s to fight medicare. he didn't have an alternative plan. he was against medicare. and second of all, the question put by that young african-american woman to george bush senior was how does the federal deficit affect you personally. instead of answering the question in general terms, how's the bad economy affected me, he sort of vetted the person. the woman in front of him. clinton ignored the particularity of the question and said, i know what you're talking about. has the economic slowdown affected you personally, let me tell you how it's affected me as governor of arkansas. so what you do is, if you're smart, you engage your emotional iq, not your intellectual iq. this is not a logical event that's going to happen in the next hour and a half, it's about emotions, and how the smart one uses his or her intelligence to get through the static of the intelligence. reagan would have said "there you go again" no matter what carter said. it was a brilliant line. he basically said, you're clinging to office an
ronald reagan has been working for the american medical association in the early '60s to fight medicare. he didn't have an alternative plan. he was against medicare. and second of all, the question put by that young african-american woman to george bush senior was how does the federal deficit affect you personally. instead of answering the question in general terms, how's the bad economy affected me, he sort of vetted the person. the woman in front of him. clinton ignored the particularity of...
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it reminded me again of 1984 when ronald reagan rambles in his closing. you sit there and go, my god, he knew this was coming. barack obama knew his closing was coming. and it was just so flat. >> i can't disagree. >> was this as bad as the convention was for the republicans? >> worse. >> much worse. y it was seen by much more people. they're both there head to head. and mitt romney was reasonable. he wascompassionate. he was in touch with the middle class. he sounded like he knew what he was talking about. he seemed like a guy with a plan to turn the country around. but when it comes down to the substance of what he had to say about the so called plans on tax cuts. but that was the job of the president of the united states to draw it out. >> and chuck todd, what's so fascinating is usually you move to the middle. you start the general election campaign at the convention. mitt romney started it last night. ed gillespie talking about mitt romney is being combative. we said this morning and mitt romney said last night, he will get things done. and we had so
it reminded me again of 1984 when ronald reagan rambles in his closing. you sit there and go, my god, he knew this was coming. barack obama knew his closing was coming. and it was just so flat. >> i can't disagree. >> was this as bad as the convention was for the republicans? >> worse. >> much worse. y it was seen by much more people. they're both there head to head. and mitt romney was reasonable. he wascompassionate. he was in touch with the middle class. he sounded...
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ronald reagan made a deal with tip o'neil. it was for tax increases and spending control. >> hurt republicans when they ran for office, didn't it? >> they got the tax increases. they didn't get spending cuts. he got the tax increases ch he didn't get the spending cuts. >> do you think it was a governing mistake. if he gets elected president, is he going to regret that? >> i think the crisis we face financially is so severe that all the discussion of finances last night, you can fergs. we don't have the money to expand the military. we don't have the money you have to overhaul sos to keep it sound. >> he wants to spend more money in the military. do you think that's a mistake? >> the money isn't there. >> david, this is where the obama campaign wants to go. it's saying, yes, we lost on style. but romney made himself -- mean, senator, it's a complicated argument he's making on these issues. >> absolutely. and it's going to make sense after the the election. we're facing a fiscal cliff. all the consumers will come into play. and
ronald reagan made a deal with tip o'neil. it was for tax increases and spending control. >> hurt republicans when they ran for office, didn't it? >> they got the tax increases. they didn't get spending cuts. he got the tax increases ch he didn't get the spending cuts. >> do you think it was a governing mistake. if he gets elected president, is he going to regret that? >> i think the crisis we face financially is so severe that all the discussion of finances last night,...
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it's going to have to be tweaked the way it was by ronald reagan and speaker, democratic speaker tip o'neal. >> according to the congressional budget office, social security will run into financial trouble. by the year 2030 the amount social security pays out will exceed the tax revenue coming in. so, chris, in about 20 years the program will not be able to pay for itself. >> thank you for that, richard. we'll take a quick break, come back and let our panel weigh in on the medicare debate. we'll be right back. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find quality eyewear brands starting at just $38. only at walmart. what are they fitting, aliens? now we need a lit
it's going to have to be tweaked the way it was by ronald reagan and speaker, democratic speaker tip o'neal. >> according to the congressional budget office, social security will run into financial trouble. by the year 2030 the amount social security pays out will exceed the tax revenue coming in. so, chris, in about 20 years the program will not be able to pay for itself. >> thank you for that, richard. we'll take a quick break, come back and let our panel weigh in on the medicare...
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governor, it took three years for the best negotiator in the business, ronald reagan, to achieve tax reform back in 1986. three years. >> only took us seven months under bush one. we put together a package because the president led that. the president met with foley, the president met with mitchell, he went down to congress to meet with them. he met with them in the white house. i was involve in negotiations with them and saw a president show leadership to get a bipartisan agreement. it didn't take him three years. it took him seven months. >> and the bush tax cuts are going to be continued by a president romney and then he will first begin negotiating with a new congress to try to come up with the money to pay for them? the bush tax cuts were continued by barack obama in 2010. they're in place now because barack obama supported them. he supported them because he recognized, as he said then, raising taxes when the economy is loudy is the wrong thing to do. he may not know it, but the economy is still lousy. you don't raise taxes now when the economy is lousy. >> to be continued, as a
governor, it took three years for the best negotiator in the business, ronald reagan, to achieve tax reform back in 1986. three years. >> only took us seven months under bush one. we put together a package because the president led that. the president met with foley, the president met with mitchell, he went down to congress to meet with them. he met with them in the white house. i was involve in negotiations with them and saw a president show leadership to get a bipartisan agreement. it...
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ronald reagan with the economy was never going to lose, and bill clinton won't lose in 1996. you can look at other cases where the campaigns matter. do you have a sense what that exact balance is, is there a wall to quantify it like the economy and actually campaign effects? >> we do try and quantify it where our model looks at two things. there's an economic part of it and a polls part of it. the closer to election day, the more we rely purely on polls, the theory is that if by october/november whatever impact there is to the economy hasn't been reflected in the polls, either the model is wrong or people think about other things. so right now, you know, actually do expect even before the debate the polls to it tighten some, because although the incumbent president gets a lot of credit, obama was ahead by five or six points by these polls for a while. naets hi that's high based on where the economy is. in some ways the debate brings the polls more into line with the fundamentals, which we think implies a tenuous advantage for obama. >> so, nate, if you could get into that a l
ronald reagan with the economy was never going to lose, and bill clinton won't lose in 1996. you can look at other cases where the campaigns matter. do you have a sense what that exact balance is, is there a wall to quantify it like the economy and actually campaign effects? >> we do try and quantify it where our model looks at two things. there's an economic part of it and a polls part of it. the closer to election day, the more we rely purely on polls, the theory is that if by...
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what i do is the same way that tip o'neil and ronald reagan worked together some years ago, when ronald reagan ran for office he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles i want to bring down the tax burden on middle-income families and i want to work with congress to say what are the various ways we can wring down deductions. one way would be to have a single number. make up a number, $25,000, $50,000. anybody can have deduction up to that amount. and then that number disappears for high-income people. that's one way one could do it. one could follow bowles-simpson and take deduction by deduction. there are alternatives to pleas the objective i have which is tow bring down rates, broaden the base, simplify the code, and create incentives for growth. with regards to health care, you had remarkable details with regard to my reexisting conditions plan. you obviously studied up on my plan. in fact
what i do is the same way that tip o'neil and ronald reagan worked together some years ago, when ronald reagan ran for office he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles i want to bring down the tax burden on middle-income families and i want to work with congress to say what are the various ways we...
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i believe in the ronald reagan approach -- if i can finish my answer, you should not feed the beast. let's put the beast on a diet and spend a little less money. >> did the department of homeland security, does that count as feeding the beast or not? >> i have no contract with the department of homeland security. one more try in an attack, doesn't work. never done a contract with the department of homeland security. don't have one planned. don't get any money from the government. >> sure. >> you can try all those attacks that you want. i do private business with private individuals. get no money from the government. want to try another one? >> mayor giuliani, if you're inviting it. the difference is that under mitt romney, rich people will pay a lot less in taxes than what they would pay under president obama, because president obama would let the bush tax cuts expire for higher earning individuals only. so rich people pay less under romney and more under obama. that is the ultimate answer, right? >> the ultimate answer is if either one get their proposals through. and one of the way
i believe in the ronald reagan approach -- if i can finish my answer, you should not feed the beast. let's put the beast on a diet and spend a little less money. >> did the department of homeland security, does that count as feeding the beast or not? >> i have no contract with the department of homeland security. one more try in an attack, doesn't work. never done a contract with the department of homeland security. don't have one planned. don't get any money from the government....
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it will have to be tweaked the way it was by ronald reagan and tip o'neill. the basic structure is sound. i want to talk about the values behind social security and medicare, and then talk about medicare. that is the big driver of our deficit right now. my grandmother, some of you know, helped to raise me. my grandfather died a while back. my grandmother died three days before i was elected president. she worked her way up and started as a secretary, ended up being the vice president of a local bank. she ended up living alone by choice. the reason she could be independent of was because of social security and medicare. she had worked all of her life, put in this money, and understood there was a basic guarantee under which she could not go. that is the perspective i bring when it is called entitlements. the name itself implies dependency. these are people who have worked hard, like my grandmother. there are millions of people counting on this. my approach is, how do we strengthen the system in the long term? what we did in medicare is say, we are going to hav
it will have to be tweaked the way it was by ronald reagan and tip o'neill. the basic structure is sound. i want to talk about the values behind social security and medicare, and then talk about medicare. that is the big driver of our deficit right now. my grandmother, some of you know, helped to raise me. my grandfather died a while back. my grandmother died three days before i was elected president. she worked her way up and started as a secretary, ended up being the vice president of a local...
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what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000. anybody can have deductions up to that amount. that number disappears for high income people. one could follow bowles simspn as a model. and take the deduction by deduction and make a difference is that way. there are other ways to accomplish the objective that i have it. simplify the code, broaden the base, and create incentives for growth. with regards to health care, you obviously studied up on my plan. in fact, i do have a plan that deals with people with pre- existing conditions. that's part of my health care plan towhat we did in massachusetts is. a model for the nation sta
what i do is the same way that tip o'neill and ronald reagan work together years ago. he laid out the principles that he was going to foster. he said he would lower tax rates. he said he was going to broaden the base. you said the same thing. those are my principles. i want to bring down the tax burden on middle income families. i will work together with congress to say what are the various ways we can bring down deductions. one way will be to have a single number. make up a number -- $50,000....
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when ronald reagan ran for office, he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. have you said the same thing, simplify the tax code, broaden the base. i want to bring down the tax burden on middle-income families. i will work with congress to say, what are the ways to bring down deductions? one way would be to have a single number -- make up a number, 25,000 -- 50,000, anybody can have deductions up to that amount. and that number disappears for high-income people. one could follow bowl etion-simpson and make deductions that way. there are alternatives to the objective i have, which is to bring down rate, broaden the base, simplify the code and create incentives for growth. with regard to health care, you have remarkable details with regard to my pre-existing plan. you studied up on my plan. i do have a plan for pre-existing conditions. what we did in massachusetts is a model for the nation -- state by state. i said that at that time. the federal government taking over health care
when ronald reagan ran for office, he laid out the principles he was going to foster. he said he was going to lower tax rates. he said he was going to broaden the base. have you said the same thing, simplify the tax code, broaden the base. i want to bring down the tax burden on middle-income families. i will work with congress to say, what are the ways to bring down deductions? one way would be to have a single number -- make up a number, 25,000 -- 50,000, anybody can have deductions up to that...
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but in 1984, another incumbent, ronald reagan, used the debates to diffuse criticism of his advancing age. >> you already are the oldest president in history. >> reporter: he was 73 at the time. >> i am not going to exploit for political purposes my opponent's youth and inexperience. ( laughter ) >> "i was smiling" watt walter mondale later said "but i knew he'd gotten me there." other lessons, it may be best not to start your opening statement this way. >> who am i? why am i here? ( laughter ) >> reporter: as admiral james stockdale, ross perot's running mate did, in 1992. don't look like you have someplace better to be as president george bush did that same year when he checked his watch during a question. finally, be careful who you compare yourself to. >> i have as much experience in the congress as jack kennedy did. >> reporter: in 1988, vice presidential candidate dan quayle made that mistake against lloyd bentsen. >> i knew jack kennedy. jack kennedy was a friend of mine. senator, you're no jack kennedy. ( cheers and applause ) >> reporter: in the era of scripted and stage-mana
but in 1984, another incumbent, ronald reagan, used the debates to diffuse criticism of his advancing age. >> you already are the oldest president in history. >> reporter: he was 73 at the time. >> i am not going to exploit for political purposes my opponent's youth and inexperience. ( laughter ) >> "i was smiling" watt walter mondale later said "but i knew he'd gotten me there." other lessons, it may be best not to start your opening statement this...
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what i do, the way tip o'neill and ronald reagan did, they worked together. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i want to work with congress on bringing down deductions. one way, for instance would be to have a single number, make up a number, $25,000, $50,000, anybody can have deductions up to that amount. and then that number disappears for high income people. that's one way to do it. another way to do it would be to follow bowles-simpson and do it deduction by deduction. we need to bring down rates, broaden the base, simplify the code and create incentives for growth. with regard to health care, you had remarkable details with regard to my preexisting condition plan. you studied up on my plan. i do have a plan that deals with people with pre-existing conditions, that's part of my health care plan. what we did in massachusetts is a model for the
what i do, the way tip o'neill and ronald reagan did, they worked together. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i want to work with congress on bringing down deductions. one way, for instance would be to have a single number, make up a number, $25,000, $50,000, anybody can have...
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i compare the the campaign i ran with ronald reagan had an off night, he was ten points ahead and basically went on to win by 18. he had a very strong second debate. lou: every candidate should try to emulate? >> my sense is this president came under attack on both his performance, his own performance , his policies, and the good thing is once again romney kept coming back. this is what you do to create jobs. it was almost editorial. lou: editorial. he took to school. and you really see this -- >> you mentioned tonight. i want to repeal the franc. he says medicare should be a voucher. the you think these are popular policies? president obama said if you have such great plans for what you're going to do to replace dodd-frank. >> don't keep a secret. he did not produce. lou: the only thing i actually heard the president's taken i did not hear him say what you just said, by the way. i heard and basically say that if you have a secret it because you don't want it to be heard because it's too good. >> i have heard debate contrivances like that tie just as you have over the course of our career.
i compare the the campaign i ran with ronald reagan had an off night, he was ten points ahead and basically went on to win by 18. he had a very strong second debate. lou: every candidate should try to emulate? >> my sense is this president came under attack on both his performance, his own performance , his policies, and the good thing is once again romney kept coming back. this is what you do to create jobs. it was almost editorial. lou: editorial. he took to school. and you really see...
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what i do is the same way ronald reagan worked some years ago. he laid out the principles he was going to foster. he said he will lower tax rates. he said he would broaden the base. you have said the same thing. will simplify the tax code, broaden the base. i will work together with congress to say, ok, what are the various ways we can bring down deductions. one way would be to have a single number. make up a number. $25,000, $50,000. anybody could have deductions for that amount. that is one way that could do pt. one could follow bulls-ssmpson as a model. -- bowles-simpson as a model. simplify the code and create incentives for growth. with regard to health care, you have remarkable details with resort -- with regards to my pre-existing condition plan.+ you have obviously studied my plan. i do have a plan with people with pre-existing conditions. as part of my health care plan. what we did with massaccusetts is a model for the nation state by state. i said the federal government taking over the health care for the entire nation and whisking asid
what i do is the same way ronald reagan worked some years ago. he laid out the principles he was going to foster. he said he will lower tax rates. he said he would broaden the base. you have said the same thing. will simplify the tax code, broaden the base. i will work together with congress to say, ok, what are the various ways we can bring down deductions. one way would be to have a single number. make up a number. $25,000, $50,000. anybody could have deductions for that amount. that is one...
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. >> ronald reagan. ronald reagan. >> rose: in the 84 campaign. >> right, right. >> one point on the president correcting, i kind of agree we'll probably lead that internally but boy oh boy, the pressure on joe biden and paul ryan because that debate, the stakes are higher across the board. both biden and ryan are probably doubling their debate prep time now. >> can i disagree. >> rose: yes. >> can i disagree with my good friend mike murphy on that. you know mike you were just a kid i know but in 1988, there was a really much claimed vice presidential debate, lloyd benson and dan quayle. lloyd benson cleaned up the room, one of the great lines in the history of debates and it didn't move the needle one iota. i don't think vice presidential debates will be fun to watch or great for us in the press, i don't think it matters. >> rose: go ahead. >> i was going to say there are a couple sort of issues where there could have been more illumination in terms of flushing thing out on the healthcare debate where m
. >> ronald reagan. ronald reagan. >> rose: in the 84 campaign. >> right, right. >> one point on the president correcting, i kind of agree we'll probably lead that internally but boy oh boy, the pressure on joe biden and paul ryan because that debate, the stakes are higher across the board. both biden and ryan are probably doubling their debate prep time now. >> can i disagree. >> rose: yes. >> can i disagree with my good friend mike murphy on that. you...
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. >> al gore: i think the single best line is when ronald reagan said i'm not going to make an issue of age and hold my opponent's age against him. great good humor, funny, but it ended the race. >> cenk: yeah to the point we were discussing earlier about substance, you know, one of the most memorable moments was when george hw bush looked at his watch. here we go. >> i'm jim lehrer and i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and form massachusetts governor mitt romney, the republican nominee. this debate as the next three, two presidential one vice presidential are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15 minute segments. thousands of people offered suggestions on segment subjects but i made the final selections and for the record they were not submitted for approval to the commission or the candidates. the segments will be three on the economy and one each on healt
. >> al gore: i think the single best line is when ronald reagan said i'm not going to make an issue of age and hold my opponent's age against him. great good humor, funny, but it ended the race. >> cenk: yeah to the point we were discussing earlier about substance, you know, one of the most memorable moments was when george hw bush looked at his watch. here we go. >> i'm jim lehrer and i welcome you to the first of the 2012 presidential debates between president barack obama,...
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what i do is the same way that tip o'neill and ronald reagan worked together some years ago. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i'm going to work together with congress and say what are the various ways we can bring down deductions? one way is to have a single number. make up a number, $25,000, $50,000, anybody can have deductions up to that amount. and then the deductions disappear after that you could follow bowles-simpson and do it deduction by deduction. and make differences that way. there are alternatives to accomplish the objectives i have. we need to bring down rates, broaden the base, simplify the code and create incentives for growth. with regard to health care, you had remarkable details with regard to my pre-existing condition plan. you obviously studied up on my plan. i do deal with people with preexisting conditions, that's part of my
what i do is the same way that tip o'neill and ronald reagan worked together some years ago. ronald reagan laid out the principles he was going to foster, lower tax rates, broaden the base, you said the same thing. you're going to simplify the tax code, broaden the base. those are my principles, i want to bring down the tax burden on middle income families. i'm going to work together with congress and say what are the various ways we can bring down deductions? one way is to have a single...